What Is Redlining in Contracts?

What Is Redlining in Contracts?

Redlining is the process of editing a contract when two or more parties are negotiating or working together. The goal is to produce a single document that satisfies all parties. The term redlining comes from the original, physical method of editing contracts, which involved printed papers and red pens.

What does it mean to redline a document?

Redlining contracts as we know it today in the legal profession refers to the act of performing edits to a document and/or comparing mark ups. ... The computer will pull up two versions of the same document and review and compare them, looking for differences and discrepancies between the original and the second version.

What is redlining in legal terms?

Legal Definition of redlining

1 : the illegal practice of refusing to offer credit or insurance in a particular community on a discriminatory basis (as because of the race or ethnicity of its residents) — compare reverse redlining.

Alexander Ross
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Alexander Ross

Alexander Ross has covered the video game industry for a decade, writing deep dives on game design, esports tournaments, VR developments, and gaming culture.